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Depreciation Chart under Income Tax

Comprehensive list of depreciation rates on block of assets as applicable to companies while filing Income Tax Returns.

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Block
Nature of Asset
Rate ofDepreciation



Building



Block-1
Residential building other than hotels and boarding houses
5


Block-2
Office, factory, godowns or building - not mainly residential purpose
10


Block-3
Temporary erections such as wooden structures
100


Block-4
Furniture




Furniture - Any furniture / fittings including electrical fittings
10



Plant and Machinery



Block-5
Any plant or machinery (not covered by block 6,7,8,9,10,11 or 12)and motors cars (other than those used in a business of running

them on hire) acquired or put to use on or after April 1, 1990
15


Block-6
Ocean-going ships, vessels ordinary operating on inland watersincluding speed boats
20


Block-7
Buses, lorries and taxies used in business of running them on hire,machinery used in semi-conductor industry, moulds used in rubber

and plastic goods factories
30


Block-8
Aeroplanes, lifesaving medical equipment
40


Block-9
Containers made of glass or plastic used as refills, new commercialvehicle which is acquired during Jan 1, 2009 and Sept 30, 2009 and is

put to use before Oct 1, 2009 for the purpose of business / profession
50


Block-10
Computers including computer software. Books (other than annualpublication) owned by a professional.
60


Block-11
Energy saving devices; renewal energy devices; rollers in flour mills,sugar works and steel industry
80


Block-12
Air pollution control equipments; water pollution control equipments;solid waste control equipments, recycling and resource recovery

systems; (being annual publications) owned by assessees

carrying on a profession or books (may or may not be annual

publications) carrying on business in running lending libraries
100


Block-13
Intangible Assets




Intangible assets (acquired after march 31, 1998) - Know-how,patents, copyrights, trademarks, licences, franchises and any other

business or commercial rights of similar nature
25


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